IMF updates economic outlook for Bahrain

On May 21, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Bahrain. GDP grew 5.3 per cent in 2013, supported by a rebound in the hydrocarbons sector, while non-oil activity slowed to three per cent, largely reflecting weak investment sentiment and the delay in the 2013–14 budget approval.